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Given the market shares of the following firms, calculate the 4-firm HHI after a merger of Acme and Blake. Firm Sale/Total market sales Acme 35%
Given the market shares of the following firms, calculate the 4-firm HHI after a merger of Acme and Blake.
Firm | Sale/Total market sales |
Acme | 35% |
Blake | 17% |
Curtis | 14% |
Dent | 9% |
Erie | 4% |
Federal | 4% |
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